Credit derivatives and structured credit trading

With CD-ROM. Credit derivatives as a financial tool has been growing exponentially from almost nothing more than seven years ago to approximately US$5 trillion deals completed by end of 2005. This indicates the growing importance of credit derivatives in the financial sector and how ...

Restoring financial stability

how to repair a failed system

Eds. Viral V. Acharya, Matthew Richardson. Praise for "Restoring Financial Stability" - 'The Stern School faculty is making an important contribution to the needed debate about how to go about reforming our broken financial system. Plainly, the insights of financial theory need to be better adapted ...

Due diligence

an M&A value creation approach

This nuts-and-bolts guide examines all aspects of an M&A due diligence - from coming to the decision to acquire a company, to who should be on the due diligence team, to the actual process and the final report and post-closing follow up. It advocates a focus on both risk mitigation and shareholder value creation, and emphasizes a holistic approach that spans from planning to post-acquisition integration. The tentative contents is: introduction; planning for value creation: growth strategy; engagement and pursuit; preparing for due diligence; validation of value: performing due diligence; assessment of due diligence results; optimizing value: post diligence negotiation; and, extracting value: post-transaction integration.

Financial analysis and modeling using Excel and VBA

Financial Analysis and Modeling Using Excel and VBA, Second Edition presents a comprehensive approach to analyzing financial problems and developing simple to sophisticated financial models in all major areas of finance using Excel 2007 and VBA (as well as earlier versions of both). This expanded ...

Scenarios for risk management and global investment strategies

This book discusses scenarios for risk management and developing global investment strategies. What are the chances that various future events will occur over time and how should these events and probable occurrence influence investment decisions? Assessing all possible outcomes is fundamental to risk management, financial ...

Practical portfolio performance measurement and attribution

An introductory guide to the significant developments in the area of performance measurement This book provides a clear introduction to the subject of performance measurement. Focusing more on the practical use and calculation of performance returns rather than the academic background it will help readers ...

Active index investing

maximizing portfolio performance and minimizing risk through global index strategies

For over three decades, indexing has become increasingly accepted by both institutional and individual investors. Index benchmarks and investment products that track them have been a driving force in the transformation of investment strategy from art to science. Yet investors# understanding of the sophistication of ...

Value added risk management in finacial institutions

leveraging Basel II & risk adjusted performance measurement

The typical financial executive s view of the value of risk management in their financial institution is based on the belief that risk management focuses on loss avoidance. This view is based on the history of risk management being control focused. However, risk management has ...

Risk transfer

derivatives in theory and practice

INDICE: PART ONE: The Economics of Risk Transfer. CHAPTER 1: The Determinants of Financial Innovation. CHAPTER 2: Risk, Uncertainty, and Profit. CHAPTER 3: Methods of Controlling Risk and Uncertainty. CHAPTER 4: Risk Transfer and Contracting Structures. CHAPTER 5: The Evolution of Derivatives Activity. CHAPTER 6 ...

Inflation-indexed securities

bonds, swaps and other derivatives

The global market for inflation-indexed securities has ballooned in recent years, and this trend is set to continue. This book examines the rationale behind issuance and investment decisions, and details the issues facing anyone who designs indexed securities, illustrating them wherever possible with actual examples ...

Hedge funds

quantitative insights

An excellent book, providing deep insights into the complex quantitative analysis of hedge funds in the most lucid and intuitive manner. A must-have supplement to Lhabitant's first book dealing with the mystical and fascinating world of hedge funds. Highly recommended

Credit derivatives pricing models

model, pricing and implementation

The purpose of this book is to provide a comprehensive overview of the state-of-the-art in credit risk modelling as applied to the pricing of credit derivatives.

Option theory

Table of contents Preface Part 1. Elements of option theory 1. Fundamentals 2. Option basics 3. Stock price distribution 4. Principles of option pricing 5. The back scholes model 6. American options Part 2. Numerical methods 7. The binomial model 8. Numerical solutions of the ...

Investment mathematics

Investment Mathematics is divided into three parts. Part I looks at the fundamental analysis of investments from a mathematical viewpoint, relying heavily on compound interest techniques which are developed in the first chapter. The material is presented in such a way that those without formal ...

Financial engineering principles

a unified theory for financial product analysis and valuation

This book provides a sophisticated understanding of finance, using commonsense explanations that do not depend on obscure jargon or advanced-level mathematics

Monte Carlo Methods in finance

This text on financial Monte Carlo methods covers topics on: mathematics behind Monte Carlo methods; correlation normal, log- normal and other processes; applications in risk management option pricing; value at risk; various reduction techniques; low discrepency numbers; and quantitative research. Table of Contents The mathematics ...